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Warziniack, Travis. |
This article examines the provision of public goods in an urban area and the effect voting has on the level and location of amenities throughout a city. It is particularly appropriate for small communities that must finance economic development projects with limited funds. The work presented is a result of working with rural communities throughout America that have seen their historic downtowns deteriorate as big box retail grows on the urban fringe. I find this shift in community development may be a result of the way local economic development is financed and projects are decided upon. Specifically, I find significant welfare losses associated with voting for a public good in space. Small public projects that would lead to community-wide welfare... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Open space; Spatial economics; Referendum; Voting; Community/Rural/Urban Development; Land Economics/Use; Political Economy; R10; R14. |
Ano: 2010 |
URL: http://purl.umn.edu/60956 |
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